Silver price tests the support base - Analysis - 24-05-2022
Economies.com
2022-05-24 04:18AM UTC
Silver price faces intraday negative pressure to test the key support 21.70, keeping its stability above it until now, accompanied by witnessing oversold signals through stochastic, waiting to assist to push the price to rise again and head towards our main positive target at 22.67.
Therefore, we will continue to suggest the bullish trend unless breaking 21.70 and holding below it.
The expected trading range for today is between 21.50 support and 22.30 resistance.
The expected trend for today: Bullish
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